Category Archives: Book Excerpts

The last place left to look for oil

8 October 2012 Norman Pagett writes: Any species that feeds and breeds unchecked on a sphere must by definition run out of space when it reaches its polar extremities. When the Russians planted their flag on the undersea point of … Continue reading

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Spain – in the eye of the storm

4 October 2012 Article reposted courtesy of Dr Tim Morgan, Tullet Prebon original article available here Sometimes, markets’ surprise can be surprising in itself, and this is certainly the case where events in Spain are concerned. There has long been … Continue reading

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45.7 million Americans on foodstamps

5 September 2012 Guest Blogger “If someone who is literally living paycheck to paycheck gets an extra dollar, it’s very likely that they will spend that dollar immediately on whatever they need – groceries, to pay the telephone bill, to … Continue reading

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Financial System supply chain cross-contagion.

A study in global systemic collapse by David Korowicz original article appeared in Feasta here This new study explores the implications of a major financial crisis for the supply-chains that feed us, keep production running and maintain our critical infrastructure. … Continue reading

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The weakness of great nations

22 July 2012 Norman Pagett writes: We Brits were once the greatest nation on Earth, Germany tried it for a while, France, Spain, Rome, Greece , Egypt, there’s been a slow procession of Greatest Nations down the ages, each has … Continue reading

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Stockton bankruptcy, is this the future of cities?

Norman Pagett 5 July 2012 Do not condemn the good burghers of Stockton, to quote Paul Krugman, a Nobel prizewinner for economics: ‘”my spending pays my neighbours wages, and his spending pays my wages”. A statement of mind-bending flat-earth nonsense. … Continue reading

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Obama isn’t responsible for gas prices or unemployment

23 June 2012 Norman Pagett writes In Barack Obama, there seems to be a decent man in office who cares more about humankind in general than about one (wealthy) strata of mankind in particular, even if he is trying to … Continue reading

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Bailout will not solve the Greek crisis

18 June 2012 Norman Pagett writes When the cheering and flag waving and sighs of relief over the Greek ‘problem’ have died down, we should perhaps consider the unchanged reality. Greece has to import half its food, almost all of … Continue reading

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Asteroid mining, the latest energy source

Google billionaires Eric Schmidt and Larry Page have decided to provide funding for an interesting space exploration start-up named Planetary Resources. The new company, which is focused on natural resources and space exploration, plans to mine natural resources from asteroids … Continue reading

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Grain of truth

22 February 2012 Norman Pagett writes: Few of us ever stop to consider the embodied energy in what we eat. Why would we? Calories have become purely the currency of dietary fads, something to be limited in our constant battle … Continue reading

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